Strategic Planning

I.  Introduction Even with a good measure of hard work, dedication, and commitment, the management of any sizable enterprise requires planning and creativity. This point is even more evident in a franchise system due to the intricacies, importance, and sensitivity...
I understand that historically during slower economic times, people purchase franchises. Is this true, and why would someone want to start a franchise when the economy is slow? An interesting phenomenon of a general downturn in the economy has often...
Since the post-World War II business environment, franchising has served as a vehicle with which small businesses have grown successfully into national chains. It has also provided individuals with the opportunity to achieve their "Great American Dream" of business ownership....
You don’t need to spend much time reading the Wall Street Journal to understand that our economy is going through a bit of a rough patch. So, for the next year or so, how will the economic downturn impact franchising?...
Execution Pollution “We spent a week off-site to formulate our strategic plan, and six months later, nobody’s using it!” Whether you spent a week away with your management team or several sessions at the office to crank out a plan,...